one project affecting a reduction of income of Baht 20.51 million and the estimation of penalty charge of one project expected to be delayed affecting a reduction of income of Baht 2.56 million

amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work

2020 MD&A 6  We are seeing a trend in industry that due to poor margin number of cracker, PO/MTBE projects have been delayed to conserve cash; this will help to restore the margin to replacement

during the fourth quarter of last year. In addition, the accelerating of the ownership transfer by some customers was due to the impact of the Bank of Thailand (BoT) housing loan control measure which

April 2019, the National Council for Peace and Order (“NCPO”) has released the order NO. 4/2562 in subject of a measure to solve the problems of the operations of the Television and Telecommunication. On

11 April 2019, the National Council for Peace and Order (“NCPO”) has released the order NO. 4/2562 in subject of a measure to solve the problems of the operations of the Television and

the order NO. 4/2562 in subject of a measure to solve the problems of the operations of the Television and Telecommunication. On 2 May 2019, the Office of the National Broadcasting and

subsidiary recorded net profit of 3,635 MTHB, increased by 576 MTHB or 18.8% comparing to year 2018, which due to the recognition of deferred tax assets from loss carried forward of the Company and its

revenues for the year 2015 and 2016 were 1.4%. Income Tax Income tax including corporate income tax and derferred tax which derived from the adjustment of deferred tax assets (liabilities). Income tax for

incurred from deferred tax. This extra transaction was included in year ended 2017 financial statement for the net amount of THB 24 million. Revenue from Hospital Operations Revenue from hospital operations